Recently, the US Democrats in the house of Representatives proposed two bills both leading to the creation of a digital version of the USD. The Dems say the bill is meant to empower personal income during the raging COVID-19 Crisis.
In March 2020 Bitcoin price volatility surged to a record high, due to massive sell-offs and panic on the market. However, recent researches of the cryptocurrency show that long term Bitcoin holders, aka Hodlers, are not in a hurry to sell their tokens.
Bitcoin Cash is making a steady upward move after the last bearish impulse. At the low of $140, the bulls have pushed the price back to the high of $240. However, the bulls are finding penetration difficult at the current resistance.